Baroness Drake

Labour Peer

A selection of Baroness Drake's votes

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Recent appearances

  • Guaranteed Minimum Pensions Increase Order 2019 - Motion to Approve 14 Feb 2019

    My Lords, I will take the opportunity of the GMP increase order to raise the recent High Court decision in the Lloyds Banking Group case, which now requires trustees to amend their pensions schemes to equalise GMP benefits. The inequalities arose because between April 1978 and April 1997, an employer could contract its company scheme out of the second-tier state pension if it provided a...
  • Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019 - Motion to Approve 11 Feb 2019

    My Lords, I rise to comment on the Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations, applying in the event of a no-deal departure from the EU. My concern is from the perspective of the policyholder. Unlike the noble Lord, Lord Deben, I am keen to keep hold of some of the gold-plating that may exist in the current regulatory framework. The driving intent of the Solvency II...
  • Occupational and Personal Pension Schemes (Amendment etc.) (Northern Ireland) (EU Exit) Regulations 2018 - Motion to Approve 15 Jan 2019

    My Lords, I will avoid repetition. In the debate on the previous SI, I logged my concerns about the UK leaving the EU pension cross-border regime, the protection of members’ assets and their movement in cross-border schemes, and the significance of the cross-border issue between Ireland and the UK. That particular problem triggers a concern about a wider issue. These draft Northern Ireland...

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Profile

Labour Peer

Entered the House of Lords on 5 July 2010

Currently held offices

  • Member, Finance Bill Sub-Committee (since 4 Sep 2018)
  • Member, Constitution Committee (since 27 Jun 2017)

Other offices held in the past

  • Member, Finance Bill Sub-Committee (6 Dec 2016 to 17 Mar 2017)
  • Member, Trade Union Political Funds and Political Party Funding Committee (28 Jan 2016 to 29 Feb 2016)
  • Member, Finance Bill Sub-Committee (8 Dec 2015 to 4 Mar 2016)
  • Member, Delegated Powers and Regulatory Reform Committee (12 Jun 2014 to 27 Apr 2017)
  • Member, Finance Bill Sub-Committee (8 Jan 2014 to 11 Mar 2014)
  • Member, Trusts (Capital and Income) Bill [HL] Special Public Bill Committee (19 Jun 2012 to 24 Jul 2012)
  • Member, Small and Medium Sized Enterprises Committee (29 May 2012 to 28 Feb 2013)
  • Member, Draft Financial Services Bill (Joint Committee) (20 Jul 2011 to 13 Dec 2011)

Numerology

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This data was produced by TheyWorkForYou from a variety of sources. Voting information from Public Whip.